Magazine Table of Contents
While Myanmar may not be opening its doors to foreign investments in insurance yet, the government is open to having foreign insurers provide training and research expertise to the local sector. H.E. Dr Maung Maung Thein, Deputy Minister, Ministry of Finance and also Chairman of the Insurance Business Regulatory Board, explains.
Foreign insurers keen to enter the insurance market in Myanmar will need to be patient as the market is not likely to open up anytime soon.
The challenge of longevity risk lies in effectively educating the public on it and incentivising them to take action to plan their retirement, said speakers at the recent 10th Asia Conference on Pensions & Retirement Planning.